MasterCraft Boat Holdings Files Q2 FY25 10-Q
Ticker: MCFT · Form: 10-Q · Filed: Feb 6, 2025 · CIK: 1638290
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
Related Tickers: MCFT
TL;DR
MCFT Q2 FY25 10-Q filed. Financials look steady.
AI Summary
MasterCraft Boat Holdings, Inc. filed its 10-Q for the period ending December 29, 2024. The filing covers the second quarter of fiscal year 2025. Key financial data and operational details for this period are presented, including information on assets, liabilities, equity, and cash flows. The company operates in the ship and boat building and repairing industry.
Why It Matters
This filing provides investors with a detailed look at MasterCraft's financial performance and position during the second quarter of fiscal year 2025, crucial for understanding the company's operational health and future prospects.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- Q2 FY25 — Fiscal Quarter (Reporting period covered by the 10-Q)
- 2024-12-29 — Period End Date (The end date for the financial reporting period)
Key Players & Entities
- MasterCraft Boat Holdings, Inc. (company) — Filer of the 10-Q
- 20241229 (date) — End of the reporting period
- 20250206 (date) — Filing date
- SHIP & BOAT BUILDING & REPAIRING [3730] (industry) — Standard Industrial Classification
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the second quarter of fiscal year 2025, ending on December 29, 2024.
What is the filing date of this 10-Q?
This 10-Q filing was made on February 6, 2025.
What is the Standard Industrial Classification code for MasterCraft Boat Holdings, Inc.?
The Standard Industrial Classification code for MasterCraft Boat Holdings, Inc. is SHIP & BOAT BUILDING & REPAIRING [3730].
What was the previous company name for MasterCraft Boat Holdings, Inc.?
The former company name for MasterCraft Boat Holdings, Inc. was MCBC Holdings, Inc.
When did the name change from MCBC Holdings, Inc. to MasterCraft Boat Holdings, Inc. occur?
The date of the name change from MCBC Holdings, Inc. to MasterCraft Boat Holdings, Inc. was March 31, 2015.
Filing Stats: 4,299 words · 17 min read · ~14 pages · Grade level 16.6 · Accepted 2025-02-06 11:57:00
Key Financial Figures
- $0.01 — he Registrant's common stock, par value $0.01 per share, issued and outstanding. TA
Filing Documents
- mcft-20241229.htm (10-Q) — 2824KB
- mcft-ex31_1.htm (EX-31.1) — 18KB
- mcft-ex31_2.htm (EX-31.2) — 18KB
- mcft-ex32_1.htm (EX-32.1) — 11KB
- mcft-ex32_2.htm (EX-32.2) — 11KB
- img156677105_0.jpg (GRAPHIC) — 56KB
- 0000950170-25-015130.txt ( ) — 10375KB
- mcft-20241229.xsd (EX-101.SCH) — 1054KB
- mcft-20241229_htm.xml (XML) — 2109KB
Financial Statements
Financial Statements Unaudited Condensed Consolidated Statements of Operations 4 Unaudited Condensed Consolidated Balance Sheets 5 Unaudited Condensed Consolidated Statements of Equity 6 Unaudited Condensed Consolidated Statements of Cash Flows 7 Notes to Unaudited Condensed Consolidated Financial Statements 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 19 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 26 Item 4.
Controls and Procedures
Controls and Procedures 26 PART II OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 27 Item 1A.
Risk Factors
Risk Factors 27 Item 2. Unregistered Sales of Securities and Use of Proceeds 27 Item 3. Defaults Upon Senior Securities 27 Item 4. Mine Safety Disclosures 27 Item 5. Other Information 27 Item 6. Exhibits, Financial Statement Schedules 28
SIGNATURES
SIGNATURES 29 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains certain "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements can generally be identified by the use of statements that include words such as "could," "may," "might," "will," "expect," "likely," "believe," "continue," "anticipate," "estimate," "intend," "plan," "project" and other similar words or phrases. Forward-looking statements involve estimates and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The forward-looking statements contained in this Quarterly Report on Form 10-Q are based on assumptions that we have made considering our industry experience and our perceptions of historical trends, current conditions, expected future developments and other important factors we believe are appropriate under the circumstances. As you read and consider this Quarterly Report on Form 10-Q, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many important factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance anticipated in the forward-looking statements, including but not limited to the following: changes in interest rates, general economic conditions, changes in trade priorities, policies and regulations (particularly as a result of the 2024 U.S. election), including the potential for increases or changes in duties, current and potentially new tariffs or quotas, demand for our products, persistent inflationary pressures, changes in consumer preferences, competition within our industry, our abili